At the Boom-Up Festival 2025, one of Korea’s largest gatherings of startups and investors, WOW Future Tech CEO Munju Kim drew attention with an unconventional idea: building drones out of cardboard and recycled packaging materials.

The Incheon Free Economic Zone (IFEZ) Authority opened its Boom-up Festival 2025 on October 28, 2025, at Start-up Park Incheon, positioning the city as a national launchpad for unicorn-caliber startups under the slogan “Beyond Limits, Toward Unicorns.”

Hotai Motor, the Taiwanese distributor for Toyota, held a launch event for the newly redesigned bZ4X all-electric SUV on October 27, 2025, which features a maximum range of 743 kilometers and peak power output of 227 PS, with upgrades tailored to the pure electric driving experience sought by consumers in Taiwan. As the market for battery electric vehicles (BEV) in Taiwan continues to grow, Hotai projects registrations to reach as high as 40,000 vehicles in 2026.